Broker Landstar System said Tuesday that the truckload market is in the early stages of an upcycle, noting revenue per load is trending well ahead of normal seasonal patterns.
A performance analysis by Orderful of different equipment types highlights strengths and challenges across the market.
Open-deck transportation marketplace EXO Freight closed its physical office in Chattanooga, Tennessee, and laid off most of its employees to focus on improving its technology for enterprise shippers and their managed services.
Rebuilding tornado-damaged areas of the South could add stress to flatbed capacity in the coming months.
Flatbed carrier Daseke announced Wednesday it has reduced debt and refinanced the bulk of its remaining debt. The transaction, which will lower annual interest payments, is the latest in the company’s efforts to improve margins and financial returns.
